Mckernan Inc.
Plan context: Mckernan Inc. Profit Sharing Plan and Trust
EIN 38-2124521 • Roseville, MI • 26 filings • 2 plans
Current Snapshot
Latest Year
2024
2024 Participants
7
2024 Assets
$629,722
2024 Contributions
$15,921
Historical Graphs
Total Assets Over Time
Aggregate end-of-year assets by filing year, excluding zero-asset years
Participants Over Time
Largest reported end-of-year plan headcount by filing year, used to avoid double-counting participants across overlapping plans
Company Timeline
Year summaries and individual filings are combined here so you can stay in one place while moving across years and plan filings.
| Year / Filing | Filings | Participants | Assets | Contributions | Contrib./Participant |
|---|---|---|---|---|---|
| 2024 | 1 | 7 | $629,722 | $15,921 | $2,274iApproximate average salary by contribution assumption: employee only about $56,861 at 4% or $37,907 at 6%; with 50% employer match about $37,907 at 4% or $25,271 at 6%; with 100% employer match about $28,430 at 4% or $18,954 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 7 | $629,722 | $15,921 | $2,274iApproximate average salary by contribution assumption: employee only about $56,861 at 4% or $37,907 at 6%; with 50% employer match about $37,907 at 4% or $25,271 at 6%; with 100% employer match about $28,430 at 4% or $18,954 at 6%. |
| 2023 | 1 | 8 | $582,459 | $16,159 | $2,020iApproximate average salary by contribution assumption: employee only about $50,497 at 4% or $33,665 at 6%; with 50% employer match about $33,665 at 4% or $22,443 at 6%; with 100% employer match about $25,248 at 4% or $16,832 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 8 | $582,459 | $16,159 | $2,020iApproximate average salary by contribution assumption: employee only about $50,497 at 4% or $33,665 at 6%; with 50% employer match about $33,665 at 4% or $22,443 at 6%; with 100% employer match about $25,248 at 4% or $16,832 at 6%. |
| 2022 | 1 | 9 | $508,796 | $21,758 | $2,418iApproximate average salary by contribution assumption: employee only about $60,439 at 4% or $40,293 at 6%; with 50% employer match about $40,293 at 4% or $26,862 at 6%; with 100% employer match about $30,219 at 4% or $20,146 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 9 | $508,796 | $21,758 | $2,418iApproximate average salary by contribution assumption: employee only about $60,439 at 4% or $40,293 at 6%; with 50% employer match about $40,293 at 4% or $26,862 at 6%; with 100% employer match about $30,219 at 4% or $20,146 at 6%. |
| 2021 | 1 | 9 | $631,614 | $20,293 | $2,255iApproximate average salary by contribution assumption: employee only about $56,369 at 4% or $37,580 at 6%; with 50% employer match about $37,580 at 4% or $25,053 at 6%; with 100% employer match about $28,185 at 4% or $18,790 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 9 | $631,614 | $20,293 | $2,255iApproximate average salary by contribution assumption: employee only about $56,369 at 4% or $37,580 at 6%; with 50% employer match about $37,580 at 4% or $25,053 at 6%; with 100% employer match about $28,185 at 4% or $18,790 at 6%. |
| 2020 | 1 | 9 | $671,633 | $25,184 | $2,798iApproximate average salary by contribution assumption: employee only about $69,956 at 4% or $46,637 at 6%; with 50% employer match about $46,637 at 4% or $31,091 at 6%; with 100% employer match about $34,978 at 4% or $23,319 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 9 | $671,633 | $25,184 | $2,798iApproximate average salary by contribution assumption: employee only about $69,956 at 4% or $46,637 at 6%; with 50% employer match about $46,637 at 4% or $31,091 at 6%; with 100% employer match about $34,978 at 4% or $23,319 at 6%. |
| 2019 | 1 | 10 | $534,716 | $21,208 | $2,121iApproximate average salary by contribution assumption: employee only about $53,020 at 4% or $35,347 at 6%; with 50% employer match about $35,347 at 4% or $23,564 at 6%; with 100% employer match about $26,510 at 4% or $17,673 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 10 | $534,716 | $21,208 | $2,121iApproximate average salary by contribution assumption: employee only about $53,020 at 4% or $35,347 at 6%; with 50% employer match about $35,347 at 4% or $23,564 at 6%; with 100% employer match about $26,510 at 4% or $17,673 at 6%. |
| 2018 | 1 | 9 | $568,048 | $20,452 | $2,272iApproximate average salary by contribution assumption: employee only about $56,811 at 4% or $37,874 at 6%; with 50% employer match about $37,874 at 4% or $25,249 at 6%; with 100% employer match about $28,406 at 4% or $18,937 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 9 | $568,048 | $20,452 | $2,272iApproximate average salary by contribution assumption: employee only about $56,811 at 4% or $37,874 at 6%; with 50% employer match about $37,874 at 4% or $25,249 at 6%; with 100% employer match about $28,406 at 4% or $18,937 at 6%. |
| 2017 | 1 | 10 | $575,970 | $17,037 | $1,704iApproximate average salary by contribution assumption: employee only about $42,593 at 4% or $28,395 at 6%; with 50% employer match about $28,395 at 4% or $18,930 at 6%; with 100% employer match about $21,296 at 4% or $14,198 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 10 | $575,970 | $17,037 | $1,704iApproximate average salary by contribution assumption: employee only about $42,593 at 4% or $28,395 at 6%; with 50% employer match about $28,395 at 4% or $18,930 at 6%; with 100% employer match about $21,296 at 4% or $14,198 at 6%. |
| 2016 | 1 | 11 | $525,388 | $24,014 | $2,183iApproximate average salary by contribution assumption: employee only about $54,577 at 4% or $36,385 at 6%; with 50% employer match about $36,385 at 4% or $24,257 at 6%; with 100% employer match about $27,289 at 4% or $18,192 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 11 | $525,388 | $24,014 | $2,183iApproximate average salary by contribution assumption: employee only about $54,577 at 4% or $36,385 at 6%; with 50% employer match about $36,385 at 4% or $24,257 at 6%; with 100% employer match about $27,289 at 4% or $18,192 at 6%. |
| 2015 | 1 | 12 | $532,552 | $12,355 | $1,030iApproximate average salary by contribution assumption: employee only about $25,740 at 4% or $17,160 at 6%; with 50% employer match about $17,160 at 4% or $11,440 at 6%; with 100% employer match about $12,870 at 4% or $8,580 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 12 | $532,552 | $12,355 | $1,030iApproximate average salary by contribution assumption: employee only about $25,740 at 4% or $17,160 at 6%; with 50% employer match about $17,160 at 4% or $11,440 at 6%; with 100% employer match about $12,870 at 4% or $8,580 at 6%. |
| 2014 | 1 | 12 | $567,234 | $42,009 | $3,501iApproximate average salary by contribution assumption: employee only about $87,519 at 4% or $58,346 at 6%; with 50% employer match about $58,346 at 4% or $38,897 at 6%; with 100% employer match about $43,759 at 4% or $29,173 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 12 | $567,234 | $42,009 | $3,501iApproximate average salary by contribution assumption: employee only about $87,519 at 4% or $58,346 at 6%; with 50% employer match about $58,346 at 4% or $38,897 at 6%; with 100% employer match about $43,759 at 4% or $29,173 at 6%. |
| 2013 | 1 | 12 | $513,907 | $10,657 | $888iApproximate average salary by contribution assumption: employee only about $22,202 at 4% or $14,801 at 6%; with 50% employer match about $14,801 at 4% or $9,868 at 6%; with 100% employer match about $11,101 at 4% or $7,401 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 12 | $513,907 | $10,657 | $888iApproximate average salary by contribution assumption: employee only about $22,202 at 4% or $14,801 at 6%; with 50% employer match about $14,801 at 4% or $9,868 at 6%; with 100% employer match about $11,101 at 4% or $7,401 at 6%. |
| 2012 | 1 | 13 | $467,945 | $33,224 | $2,556iApproximate average salary by contribution assumption: employee only about $63,892 at 4% or $42,595 at 6%; with 50% employer match about $42,595 at 4% or $28,397 at 6%; with 100% employer match about $31,946 at 4% or $21,297 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 13 | $467,945 | $33,224 | $2,556iApproximate average salary by contribution assumption: employee only about $63,892 at 4% or $42,595 at 6%; with 50% employer match about $42,595 at 4% or $28,397 at 6%; with 100% employer match about $31,946 at 4% or $21,297 at 6%. |
| 2011 | 1 | 9 | $399,681 | $19,596 | $2,177iApproximate average salary by contribution assumption: employee only about $54,433 at 4% or $36,289 at 6%; with 50% employer match about $36,289 at 4% or $24,193 at 6%; with 100% employer match about $27,217 at 4% or $18,144 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 9 | $399,681 | $19,596 | $2,177iApproximate average salary by contribution assumption: employee only about $54,433 at 4% or $36,289 at 6%; with 50% employer match about $36,289 at 4% or $24,193 at 6%; with 100% employer match about $27,217 at 4% or $18,144 at 6%. |
| 2010 | 1 | 8 | $387,307 | $18,966 | $2,371iApproximate average salary by contribution assumption: employee only about $59,269 at 4% or $39,513 at 6%; with 50% employer match about $39,513 at 4% or $26,342 at 6%; with 100% employer match about $29,634 at 4% or $19,756 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 8 | $387,307 | $18,966 | $2,371iApproximate average salary by contribution assumption: employee only about $59,269 at 4% or $39,513 at 6%; with 50% employer match about $39,513 at 4% or $26,342 at 6%; with 100% employer match about $29,634 at 4% or $19,756 at 6%. |
| 2009 | 1 | 12 | $324,749 | $19,989 | $1,666iApproximate average salary by contribution assumption: employee only about $41,644 at 4% or $27,763 at 6%; with 50% employer match about $27,763 at 4% or $18,508 at 6%; with 100% employer match about $20,822 at 4% or $13,881 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 12 | $324,749 | $19,989 | $1,666iApproximate average salary by contribution assumption: employee only about $41,644 at 4% or $27,763 at 6%; with 50% employer match about $27,763 at 4% or $18,508 at 6%; with 100% employer match about $20,822 at 4% or $13,881 at 6%. |
| 2008 | 1 | 14 | $233,866 | $25,680 | $1,834iApproximate average salary by contribution assumption: employee only about $45,857 at 4% or $30,571 at 6%; with 50% employer match about $30,571 at 4% or $20,381 at 6%; with 100% employer match about $22,929 at 4% or $15,286 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 14 | $233,866 | $25,680 | $1,834iApproximate average salary by contribution assumption: employee only about $45,857 at 4% or $30,571 at 6%; with 50% employer match about $30,571 at 4% or $20,381 at 6%; with 100% employer match about $22,929 at 4% or $15,286 at 6%. |
| 2007 | 1 | 14 | $315,595 | $29,138 | $2,081iApproximate average salary by contribution assumption: employee only about $52,032 at 4% or $34,688 at 6%; with 50% employer match about $34,688 at 4% or $23,125 at 6%; with 100% employer match about $26,016 at 4% or $17,344 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 14 | $315,595 | $29,138 | $2,081iApproximate average salary by contribution assumption: employee only about $52,032 at 4% or $34,688 at 6%; with 50% employer match about $34,688 at 4% or $23,125 at 6%; with 100% employer match about $26,016 at 4% or $17,344 at 6%. |
| 2006 | 1 | 12 | $295,194 | $28,086 | $2,341iApproximate average salary by contribution assumption: employee only about $58,513 at 4% or $39,008 at 6%; with 50% employer match about $39,008 at 4% or $26,006 at 6%; with 100% employer match about $29,256 at 4% or $19,504 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 12 | $295,194 | $28,086 | $2,341iApproximate average salary by contribution assumption: employee only about $58,513 at 4% or $39,008 at 6%; with 50% employer match about $39,008 at 4% or $26,006 at 6%; with 100% employer match about $29,256 at 4% or $19,504 at 6%. |
| 2005 | 1 | 12 | $239,544 | $34,749 | $2,896iApproximate average salary by contribution assumption: employee only about $72,394 at 4% or $48,263 at 6%; with 50% employer match about $48,263 at 4% or $32,175 at 6%; with 100% employer match about $36,197 at 4% or $24,131 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 12 | $239,544 | $34,749 | $2,896iApproximate average salary by contribution assumption: employee only about $72,394 at 4% or $48,263 at 6%; with 50% employer match about $48,263 at 4% or $32,175 at 6%; with 100% employer match about $36,197 at 4% or $24,131 at 6%. |
| 2004 | 1 | 13 | $186,221 | $32,896 | $2,530iApproximate average salary by contribution assumption: employee only about $63,262 at 4% or $42,174 at 6%; with 50% employer match about $42,174 at 4% or $28,116 at 6%; with 100% employer match about $31,631 at 4% or $21,087 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 13 | $186,221 | $32,896 | $2,530iApproximate average salary by contribution assumption: employee only about $63,262 at 4% or $42,174 at 6%; with 50% employer match about $42,174 at 4% or $28,116 at 6%; with 100% employer match about $31,631 at 4% or $21,087 at 6%. |
| 2003 | 1 | 11 | $0 | $0 | - |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 11 | - | - | - |
| 2002 | 1 | 9 | $0 | $0 | - |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 9 | - | - | - |
| 2001 | 1 | 10 | $0 | $0 | - |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 10 | - | - | - |
| 2000 | 1 | 10 | $0 | $0 | - |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 10 | - | - | - |
| 1999 | 1 | 11 | $138,364 | $24,062 | $2,187iApproximate average salary by contribution assumption: employee only about $54,686 at 4% or $36,458 at 6%; with 50% employer match about $36,458 at 4% or $24,305 at 6%; with 100% employer match about $27,343 at 4% or $18,229 at 6%. |
| Mckernan Inc. Profit Sharing Plan and Trust | - | 11 | $138,364 | $24,062 | $2,187iApproximate average salary by contribution assumption: employee only about $54,686 at 4% or $36,458 at 6%; with 50% employer match about $36,458 at 4% or $24,305 at 6%; with 100% employer match about $27,343 at 4% or $18,229 at 6%. |